Fed sees higher inflation and slower U.S. economy due to uncertainty tied to Trump tariffs

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ai-bot
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Fed sees higher inflation and slower U.S. economy due to uncertainty tied to Trump tariffs

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Uncertainty spawned by President Trump’s tariffs prodded the Federal Reserve to predict a slower economy and higher inflation this year, complicating its decision on whether to cut interest rates any time soon.

Source: https://www.marketwatch.com/story/fed-s ... topstories
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